Created
: 2025.08.07
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
Australia's Trade Surplus widens to 5,365M MoM in June vs. 3,250M expected
World FX news
Breaking news
Australia's Trade Surplus widens to 5,365M MoM in June vs. 3,250M expected
New
2025.08.07 10:32
2025.08.07 10:32
2025.08.07 10:32
Australia's Trade Surplus widened to 5,365M MoM in June versus 3,250M expected and 1,604M (revised from 2,238M) in the previous reading, according to the latest foreign trade data published by the Australian Bureau of Statistics on Thursday.
Australian Dollar FAQs
One of the most significant factors for the Australian Dollar (AUD) is the level of interest rates set by the Reserve Bank of Australia (RBA). Because Australia is a resource-rich country another key driver is the price of its biggest export, Iron Ore. The health of the Chinese economy, its largest trading partner, is a factor, as well as inflation in Australia, its growth rate and Trade Balance. Market sentiment - whether investors are taking on more risky assets (risk-on) or seeking safe-havens (risk-off) - is also a factor, with risk-on positive for AUD.
The Reserve Bank of Australia (RBA) influences the Australian Dollar (AUD) by setting the level of interest rates that Australian banks can lend to each other. This influences the level of interest rates in the economy as a whole. The main goal of the RBA is to maintain a stable inflation rate of 2-3% by adjusting interest rates up or down. Relatively high interest rates compared to other major central banks support the AUD, and the opposite for relatively low. The RBA can also use quantitative easing and tightening to influence credit conditions, with the former AUD-negative and the latter AUD-positive.
China is Australia's largest trading partner so the health of the Chinese economy is a major influence on the value of the Australian Dollar (AUD). When the Chinese economy is doing well it purchases more raw materials, goods and services from Australia, lifting demand for the AUD, and pushing up its value. The opposite is the case when the Chinese economy is not growing as fast as expected. Positive or negative surprises in Chinese growth data, therefore, often have a direct impact on the Australian Dollar and its pairs.
Iron Ore is Australia's largest export, accounting for $118 billion a year according to data from 2021, with China as its primary destination. The price of Iron Ore, therefore, can be a driver of the Australian Dollar. Generally, if the price of Iron Ore rises, AUD also goes up, as aggregate demand for the currency increases. The opposite is the case if the price of Iron Ore falls. Higher Iron Ore prices also tend to result in a greater likelihood of a positive Trade Balance for Australia, which is also positive of the AUD.
The Trade Balance, which is the difference between what a country earns from its exports versus what it pays for its imports, is another factor that can influence the value of the Australian Dollar. If Australia produces highly sought after exports, then its currency will gain in value purely from the surplus demand created from foreign buyers seeking to purchase its exports versus what it spends to purchase imports. Therefore, a positive net Trade Balance strengthens the AUD, with the opposite effect if the Trade Balance is negative.
Last updated
: 2025.08.07
Related articles
EUR/USD trades near weekly high as USD faces weekly loss on Fed bets, geopolitical hopes
2025.08.09 04:56AUD/USD extends rally as Fed rate cut bets grow, focus shifts to RBA
2025.08.09 04:32Canadian Dollar steadies after job losses, eyes on US CPI next week
2025.08.09 04:05USD/CHF trades below 0.8100 as US tariffs disrupt Swiss gold exports
2025.08.09 03:01GBP/USD steady as BoE hawkish cut seen as last of 2025; Dollar boosted on Waller rumors
2025.08.09 00:49EUR/GBP steadies after BoE's hawkish rate cut, divergence with ECB in focus
2025.08.09 00:23
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
Silver Price Forecast: XAG/USD rallies sharply, posts weekly gains of 3.5%
Silver Price advances for the fourth time in the week, poised to end above $38.00 a troy ounce and close to weekly highs of $38.50 as traders prepare for the weekend.
New
2025.08.09 06:33EUR/USD trades near weekly high as USD faces weekly loss on Fed bets, geopolitical hopes
The EUR/USD consolidates near the week's highs, shy of testing the 1.1700 figure on a week in whichthe US Dollar is poised to finish the week with over 1.84% losses against its peers.
New
2025.08.09 04:56AUD/USD extends rally as Fed rate cut bets grow, focus shifts to RBA
The Australian Dollar (AUD) is consolidating gains against the US Dollar (USD) on Friday, buoyed by weakness in the Greenback amid growing expectations that the Federal Reserve (Fed) will cut interest rates in September, following soft labor market data and signs of a slowing US economy.
New
2025.08.09 04:32Canadian Dollar steadies after job losses, eyes on US CPI next week
The Canadian Dollar (CAD) stumbled on Friday, falling against the US Dollar (USD) before broad-market Greenback sentiment overtook Loonie positioning to chip away at the USD's late-week strength.
New
2025.08.09 04:05USD/CHF trades below 0.8100 as US tariffs disrupt Swiss gold exports
The Swiss Franc (CHF) remains subdued against the US Dollar (USD) on Friday, with USD/CHF hovering in a familiar range established this week, as traders weigh the latest US tariff decision targeting Swiss Gold exports and its potential fallout on Switzerland's economy and trade relations.
New
2025.08.09 03:01Gold futures hit $3,534 as US tariffs target Bullion imports; spot remains near $3,400
Gold Price steadies in the spot markets, yet the futures reached a record high of $3,534 on reports that the United States (US) will apply tariffs on imports of Gold bars.
New
2025.08.09 02:53Dow Jones Industrial Average finds gains on Friday
The Dow Jones Industrial Average (DJIA) found a bit of room on the high side on Friday, adding a little over 100 points to close out a back-and-forth week.
2025.08.09 02:43GBP/USD steady as BoE hawkish cut seen as last of 2025; Dollar boosted on Waller rumors
The GBP/USD remains steady during the North American session as the Greenback recovers some ground, even though traders seem convinced that the Bank of England's (BoE) rate cut on Thursday may be the last during the year. At the time of writing, the pair trades at 1.3437, virtually unchanged.
2025.08.09 00:49EUR/GBP steadies after BoE's hawkish rate cut, divergence with ECB in focus
The EUR/GBP cross is showing signs of stabilization on Friday, following a slide to a one‑week low of 0.8653 earlier in the day.
2025.08.09 00:23Fed's Musalem: Likely most of tariff impact on inflation will fade
St. Louis Federal Reserve President Alberto Musalem said on Friday that the US economic activity remains stable, per Reuters.
2025.08.09 00:10Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
